Central China Real Estate Full Year 2023 Earnings: Misses Expectations

Central China Real Estate (HKG:832) Full Year 2023 Results

Key Financial Results

• Revenue: CN¥19.3b (down 20% from FY 2022).
• Net loss: CN¥3.26b (loss narrowed by 57% from FY 2022).
• CN¥1.11 loss per share (improved from CN¥2.60 loss in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Central China Real Estate Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 47%. Earnings per share (EPS) was also behind analyst expectations.

The company's shares are up 19% from a week ago.

Risk Analysis

Don't forget that there may still be risks. For instance, we've identified 5 warning signs for Central China Real Estate (3 are concerning) you should be aware of.

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